Maine LD788 aims to increase state research and development spending to match the national average by 2030.
Maine LD788 tasks the Maine Economic Growth Council with supporting and tracking progress toward increasing the State's research and development spending as a percentage of the State's gross domestic product to meet the national average by 2030. The council must submit an annual accountability update by December 1st summarizing the State's commitment to research and development financial affairs. The council is authorized to seek budgetary recommendations from the Office of Innovation and the Maine Innovation Economy Advisory Board regarding the research and development spending goal.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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